whether it is a single manager or a team of managers. Management has four basic functions which are planning‚ organizing‚ leading and controlling. With these functions they will be able to make the company more successful‚ because the company a format to help them guide or organize their company in an efficient manner. Planning is the base component of the management functions. Three main components help form the function of planning. These components include determining the company’s goals‚ developing
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Semester I Revised June 2012 Revised Business Economics I Syllabus for F.Y.B.Com from June 2012 onwards University of Mumbai Semester I Module I: Demand analysis Demand function and determinants of demand – Concept and importance of Elasticity of demand‚ Income‚ cross‚ promotional. Case studiesConsumer surplus‚ Demand forecasting: meaning significance and methods-case studies Module II Theory of production and cost Production function-short run and long run- Law of variable proportions- Isoquantproducers’
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What is Production Function? Definition and Explanation: ‚ Production of goods requires resources or inputs. These inputs are called factors of production named as land‚ labor‚ capital and organization. A rational producer is always interested that he should get the maximum output from the set of resources or inputs available to him. He would like to combine these inputs in a technical efficient manner so that he obtains maximum desired output of goods. The relationship between the inputs and
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to oppose the creation of a stronger U.S. federal government and which later opposed the ratification of the Constitution of 1787. The Anti-Federalist rejected the term and argued that they were the true Federalists. In both their correspondence and their local groups they tried to capture the term. We the Anti-Federalist were composed of diverse elements‚ such as those who opposed to the Constitution because they thought that a stronger government threatened the sovereignty and prestige of the states
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In mathematics‚ the exponential function is the function ex‚ where e is the number (approximately 2.718281828) such that the function ex is its own derivative.[1][2] The exponential function is used to model a relationship in which a constant change in the independent variable gives the same proportional change (i.e. percentage increase or decrease) in the dependent variable. The function is often written as exp(x)‚ especially when it is impractical to write the independent variable as a superscript
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values * a sense of national pride * All speeches examine what makes an’ Australian National Identity’ National Identity >> Purpose >> Keating and Dean * Aimed to create a national identity based on the qualities of Aus. Life. National Identity >> Keating and Dean >> Keating >> Themes >> Honour and Resemblance * The Unknown Soldier represents all Australians who have served and died in past conflicts and possible future
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macroeconomics Measuring performance of the economy The Monetary Sector The Public Sector Macroeconomic Theories Inflation Unemployment Economic growth and development The foreign sector THE PUBLIC SECTOR: STUDY UNIT 4 What are Your Views on Fiscal Policy and How Fiscal Policy Affects You? Roles of Government in a mixed economy 1. Establishing and enforcing rules of exchange such as Property rights‚ Contract law 2. Promoting competition/prevent anticompetitive
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FUNCTION | DESCRIPTION | DAVERAGE | Returns the average of selected database entries | DCOUNT | Counts the cells that contain numbers in a database | DCOUNTA | Counts nonblank cells in a database | DGET | Extracts from a database a single record that matches the specified criteria | DMAX | Returns the maximum value from selected database entries | DMIN | Returns the minimum value from selected database entries | DPRODUCT | Multiplies the values in a particular field of records that
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The Australian postal service In the 1950s‚ Australia’s postal needs were serviced by the PMG (Post Master General). The PMG was responsible for telegraph and home telephone operations‚ as well as postal services. In 1954‚ the PMG began offering the Teleprinter Exchange‚ or Telex‚ to the public. The telex was an electric typewriter that delivered typed messages along telegraph lines. This new technology was a great convenience‚ especially to businesses which no longer had to rely on the slower
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rhetoric to the contrary‚ is not such a society. Studies have revealed various dimensions of inequality within Australia and the existence of a hierarchical class structure. Aspin defines life chances as ‘the chances an individual has in sharing in the economic‚ social and cultural resources of the society into which he / she lives’ (Aspin 1996‚ pp.68-9). Life chances include access to resources such as wealth‚ education‚ occupation‚ housing and health. An individual’s opportunities to access such resources
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